GST R-9 Turnover

Respected members,

 

I am filing GST-R9, as there was some amendments in turnovers. 

Turnover for 2022-23 was Rs. 52 Lacs, but some invoices of Rs. 17 lacs  FY 2022-23 was shown in FY 2023-24 in May-june Month. (both GST-R1 and GST-3B  Return)

Turnover for 2023-24 is Rs. 47 Lacs, and while filing GST-9 its showing turnover Rs. 64 lacs, including both 2022-23 and 2023-24 invoices. 

I want to ask where should i Show the 2022-23 turnover in GST-9, Which is the exact column for 2022-23 turnover in GST-9.

Pls advice 

Thanks

Regards

Sourabh katiyar

Replies (1)

You have amendments in turnovers for FY 2022-23 and FY 2023-24. Specifically: - Turnover for FY 2022-23 was ₹52 lacs, but ₹17 lacs of invoices were shown in FY 2023-24.

- Turnover for FY 2023-24 is ₹47 lacs. _GST-R9 Reporting:_

 To report the correct turnover in GST-R9: 1. _Table 5 of GST-R9_: Report the original turnover for FY 2022-23 (₹52 lacs) in Table 5, column 4 (Turnover for the financial year).

 2. _Table 5 of GST-R9_: Report the corrected turnover for FY 2022-23 (₹35 lacs, i.e., ₹52 lacs - ₹17 lacs) in Table 5, column 5 (Corrected Turnover).

3. _Table 5 of GST-R9_: Report the turnover for FY 2023-24 (₹47 lacs + ₹17 lacs = ₹64 lacs) in Table 5, column 6 (Turnover for the next financial year).

_Important Points:_ - Ensure that you maintain proper documentation, including invoices and GST returns, to support the corrected turnover. - Verify that the corrected turnover is accurately reflected in your financial statements and GST returns. -

Consult with a tax professional or chartered accountant to ensure accurate reporting and compliance with GST regulations.

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